Business Standard

No special treatment for foreigners alone, we Indians matter too

If foreigners need reasonable taxes, why offer citizens something else? If foreign businessmen look for assurance on the rule of law, so do citizens, writes T N Ninan

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T N Ninan
There was a time during the prohibition era in Bombay (as it then was) when only foreigners were allowed to drink in hotel bars. A humour columnist wrote then about his fictional wife walking into the bar of an expensive hotel and ordering a drink. On being told that only foreigners would be served, she asked the unanswerable question: “Whose country is this anyway?”

That should be our question, too, every time someone writes or says that we must offer foreigners reasonable tax rates, or good business processes, or special investment windows, or investment enclaves, lest they take their dollars
Disclaimer: These are personal views of the writer. They do not necessarily reflect the opinion of www.business-standard.com or the Business Standard newspaper

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